Herron Todd White agrees; Cairns Trend employment improving

The latest Cairns Watch from Herron Todd White (available here), confirms our own Conus Trend analysis of the Cairns labour market. Back on May 14th we posted that the Trend unemployment rate in the Cairns region had improved to 7.2%, unchanged from a downwardly revised April number. You can read our …read more

Cairns unemployment rate hits 43 month low of 7.2%

The ABS regional labour market data released this morning confirms the ongoing improvement in the jobs market in Cairns (see here for last month’s post). As always the raw unadjusted data needs to be set aside in favour of our Conus Trend series to get a true picture of what …read more

Building approvals continue to climb in the Far North

The ABS data for regional housing approvals in March released this morning show the positive trend in the Far North continuing, despite the headline data for Cairns weakening slightly from Feb. The unadjusted data from the ABS is notoriously volatile so we need to consider the Conus Trend series to …read more

A look at the gender split in Cairns’ jobs market

A piece last week on the Cairns Now website, referring to our own analysis of the March Regional Labour Force data, made note of the variation in the data for males and females in Cairns. The Cairns Now journo was relying on the unadjusted ABS data as there has been …read more

Regional jobs data shows Cairns improving

The ABS today released their unadjusted March regional labour force data. The headline data for Cairns showed the unemployment rate stable at 7.9%, while Townsville saw unemployment jump to 9.2% (from 7.7% last month). However, as always, these unadjusted numbers need to be considered at the Conus Trend level to …read more

Cairns Port dredge EIS finally sees the light of day…and it kills the project

The previous LNP government withheld the release of the Environmental Impact Statement on the proposed dredging of Trinity Inlet until after the QLD state elections. Finally we get to see the report (available for download here) and it is clear that the recent Federal moves to ban the dumping of …read more

Strong regional building approvals in FNQ again

Last week’s building approvals data for Feb saw a big correction from the stellar Jan figures (see here) so we might have expected things to have eased slightly in the Far North too; in fact that has not been the case. The raw, unadjusted ABS data shows Cairns (incl Douglas) had 71 …read more

Conus and HTW Trend unemployment rates converge

Following previous posts and media comment about the seemingly wide divergence between Herron Todd White’s and our own Trend unemployment rates for the Cairns region (see here) it is interesting to note that they have almost converged for the latest Feb data. Yesterday saw HTW produce their Cairns Watch (available …read more

Cassowary Coast estimated population still at a virtual standstill

Today saw the release of the annual Regional Population Estimates from the ABS. The ABS produce these numbers at both Local Government, SA2 and State Electoral Division level. The results show the estimated CCRC resident population in 2014 at 28,705 which is a 0.1% increase over 2013. Since 2011 the estimated population has increased by just 0.2% …read more

Local area unemployment data for 4th quarter shows weakness

The Dept of Employment released their December quarter Small Area Labour Market (SALM) data today. The SALM estimates are created using data from Centrelink data of people in receipt of Newstart and Youth Allowance by postcode, the ABS regional labour market data at SA4 level and the Census labour force data …read more

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